AMC Networks Inc. Reports Fourth Quarter and Full Year 2023 Results

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AMC Networks (AMCX) PT Lowered to $11 at Wells Fargo

February 12, 2024 4:11 AM EST

Wells Fargo analyst Steven Cahall lowered the price target on AMC Networks (NASDAQ: AMCX) to $11.00 (from $13.00) while maintaining a Underweight rating.

The analyst comments "Lack of scale + industry headwinds = no earnings trough in sight. The bigger picture is still challenging. AMCX's... More